About Kathleen Waters
Kathleen A. Waters was appointed President and Chief Executive Officer of LAWPRO in 2008. Previously she had overseen the strategic planning, operations, marketing, sales and administration for the TitlePLUS program. She sits on the Executive Committee of the LAWPRO Board.
Formerly a partner with Torkin, Manes, Cohen & Arbus, Ms. Waters is the author of numerous papers and frequently speaks on real estate law, lawyers' professional liability insurance and title insurance.
She holds an LL.B. from the University of Toronto and obtained her LL.M. from Osgoode Hall Law School in 2001.
Kathleen Waters's Posts
When I talk about the disturbing escalation we have seen in claims costs in the past few years, I am often asked why real estate claims are so prominent, and what can be done to get these claims under control. Besides the usual advice about careful review of transaction details, effective and regular lawyer-client communication,… Read More »Categories: Real Estate
Real estate practice is both highly competitive, and relatively risky (from a claims perspective). Lawyers eager to thrive in real estate will benefit from strategies that streamline their file management while making it easy to adhere to the Law Society of Upper Canada’s Residential Real Estate Transactions Practice Guidelines. In their article “The Law Society… Read More »Categories: Real Estate
One of the questions we often get asked at LAWPRO is why certain areas of claims don’t get the full $1 million per claim amount of coverage. For example, think of how the LawPRO policy treats counterfeit certified cheques causing an overdraft, cybercrime, and intentional misbehaviour within the real estate registration system – these coverages… Read More »Categories: Fraud Prevention, Legal Technology, Technology
The expanded protection against counterfeit bank instruments was announced by LAWPRO in October 2009. This column by Kathleen Waters, President & CEO of LAWPRO, was in response to calls and emails form lawyers seeking clarification of how this coverage works. 1. This is an enhanced protection The Law Society insurance program has generally provided protection… Read More »Categories: Fraud Prevention, LAWPRO Errors and Omissions Coverage
We all know that notwithstanding the rise of title insurance in Ontario, claims arising from real estate practice are still a large (and in many years, the largest) exposure for the primary professional liability program that LAWPRO provides for the Law Society’s lawyer-licensees (the “E&O program”). We have explored why in other articles and settings…. Read More »Categories: Real Estate, The TitlePLUS Program & Title Insurance, LAWPRO Errors and Omissions Coverage
Title insurance is one tool that purchasers can employ to reduce some of the risks associated with a real estate purchase. This may not sound like “news” meriting coverage in a publication for lawyers. However, claims experience here at LAWPRO suggests that the function of title insurance is not fully understood by the bar –… Read More »Categories: Real Estate, The TitlePLUS Program & Title Insurance
Why is Ontario lawyers’ professional liability insurance more expensive than other provinces’? It’s a legitimate question, and easy enough to formulate. The answer is either very simple or very complicated and detailed, because it means comparing apples to oranges. Click here (or on the image above) to read the full article, which originally appeared in… Read More »Categories: LAWPRO Errors and Omissions Coverage
Twenty years ago, an investigative task force appointed by the Law Society of Upper Canada1 made a sobering discovery: the fund established to pay for professional indemnity claims against Ontario lawyers was underfunded by over $200 million dollars. The resulting crisis presented the bar in Ontario with one of the most serious challenges in its… Read More »Categories: LAWPRO Errors and Omissions Coverage